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IBN18 Broadcast board to discuss rights issue on Sep 24

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Press Trust of India Mumbai

Media firm, IBN18 Broadcast today said its board would discuss the issue of shares on rights basis this week.

A meeting of the board will be held on September 24, to consider the issue of shares on rights basis to the existing shareholders, IBN18 Broadcast said in a filing to the Bombay Stock exchange (BSE).

Shares of IBN18 Broadcast today closed at Rs 116.35, down 0.09 per cent from its previous close on the BSE.

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First Published: Sep 22 2009 | 4:57 PM IST

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